TAILIEUCHUNG - International Workshop on Environmental and Economic Accounting - COMPILATION OF RESOURCES ACCOUNTS (SELECTED CASE STUDIES)

These are turbulent and troubled times for the UK accounting industry and, more specifically, for the credibility of the members of its occupational associations who claim to be ‘professionals’ . At the heart of the troubles is the rapidity of change in legislation and the quickening of competition between major players in the industry. A series of scandals that caste doubt upon established claims to independence and trustworthiness, coupled with sustained questioning from sceptical politicians and academics, has not made life easier for those who seek to defend these established claims. In this paper, we undertake an analysis. | International Workshop on Environmental and Economic Accounting 18-22 September 2000 Manila Philippines SESSION 5 COMPILATION OF RESOURCES ACCOUNTS SELECTED CASE STUDIES Title Concepts Sources and Methods for Australia s Water Account Author Christina Jackson Environment and Energy Statistics Australian Bureau of Statistics Presenter Bob Harrison Environment and Energy Statistics Australian Bureau of Statistics Country Australia Concepts sources and methods for Australia s water account Christina Jackson Environment and Energy Statistics Section Australian Bureau of Statistics 1. Background Most of Australia s land mass is classed as arid or semi-arid with median rainfall of less than 600mm for 80 of the continent. High rates of evaporation and relatively low relief result in low percentage runoff from precipitation that result in streamflow and groundwater. Australia also has a high climatic variability both spatially and temporally . These features explain why Australia has the highest level of water storage per capita of any nation in the world SoE 1996 . Surface water and groundwater resources in Australia are diverse in nature and figures 1 and 2 show Australia s 12 drainage divisions 245 river basins and 61 groundwater provinces. Irrigation for agriculture is by far the largest use of water representing about 70 of a Australia s water use annually. Many of Australia s rivers are becoming increasingly degraded as evidenced by blue-green algal blooms declining fish stocks high levels of salinity or acidity the loss of wetlands and significantly reduced environmental flows SoE 1996 . Initiatives to improve this situation include a wide range of water reforms designed to address issues such as inadequate pricing mechanisms over-allocation of water resources and the implementation of environmental flows to improve and maintain river health. Figure 1. River basins in Australia 1 Figure 2. Groundwater provinces in Australia 2. Overview of environmental accounts

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